Tech giant Xiaomi fines supplier 1 million yuan for leaking electric car images

Images of the first electric car from Chinese smartphone giant Xiaomi leaked online recently ahead of its official launch. Images of the Xiaomi MS11 EV have been leaked through a supplier, Beijing Molding Technology Co. $1.22 crore) for breach of contract.

The first leaks took place on January 22 when Beijing Molding Technology accidentally revealed images of the front and rear bumpers of the MS11 electric car. However, the company said the design leaks were done by sub-suppliers and the company was not responsible for the incident.
However, Xiaomi Auto says its confidentiality agreement with the supplier stipulates that the company will be liable for a breach in such a case. In addition to the fine, the tech giant has also asked Beijing Molding Technology to submit a plan to rectify and upgrade its security measures to avoid such leaks in the future.
Also read: Xiaomi’s plans for a $10 billion auto project may face regulatory hurdles

The coupe roofline, glass roof and large alloy wheels add to the beauty of the electric car
Xiaomi has been testing the MS11 EV for some time now, and an all-electric delivery is said to be in the final testing phase. The Xiaomi MS11 will be a rival to the Tesla 3 and hopes are high for the model that will go on sale first in China.
Some users also pointed out that the MS11 looks exactly like the BYD Seal luxury electric sedan, another Chinese electric product that will arrive in India later this year. The leaked images also reveal what appears to be a glass roof and coupe roofline on the sedan while the rear features LED taillights connected by an LED strip running across the trunk lid. Other highlights include large alloy wheels, Wilwood brakes and a LiDAR sensor that promises autonomous driving.
No word yet on powertrain and battery options but Xiaomi is expected to bring the MS11 EV at different price points to ensure the phone is affordable compared to its competitors. more expensive. While the car will make its way to the international market at a later stage, it remains to be seen if India is on the tech giant’s radar as far as its electric mobility plans are concerned. . Please note that Xiaomi is still one of the biggest tech companies in India with smartphones, gadgets, home appliances, etc.
Xiaomi has announced plans to invest $10 billion in the car business, while its auto factory will open in Beijing with a capacity of 300,000 vehicles per year. Xiaomi MS11 EV will be put into production in 2024.
Date of first publication: February 3, 2023, 18:56 PM IST